Raul Pal "Bitcoin has entered the 'Banana Zone'...'Rich Dad' author 'is buying BTC monthly'

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▲ Bitcoin (BTC), Dollar (USD) © Coin Leaders

Robert Kiyosaki, author of the best-selling economic book 'Rich Dad, Poor Dad', said on the 26th (local time) through “There is,” he said.

He said, "I first bought BTC thanks to the recommendation of Raoul Pal, a famous macro investor and CEO of Real Vision. I initially bought 30 BTC at $6,000 each, but the current price is $60,000 each." He said.

Real Vision CEO Raoul Pal, a former Goldman Sachs executive and renowned macro investor, said in a recent interview with cryptocurrency trader Scott Melker that he believes risk assets like Bitcoin will rally in the fourth quarter of a presidential election year. “The fourth quarter of an election year is a real ‘banana zone’ for all assets,” he said. “So as we get into the fall, we see a very, very, very high chance of a big jump in asset prices.” “He made a bullish argument for BTC.

Kiyosaki said that thanks to Raoul's YouTube lectures, he now understands why Bitcoin enters the 'banana zone' and recommended buying BTC.

In particular, he called Bitcoin 'rules based money' and the government's fake fiat currency 'debt based' money, saying, "Rules-based money makes people richer, but it makes people richer." “The government’s fake debt-based currency makes us poorer,” he emphasized.

Kiyosaki said through X the previous day, “Bitcoin is falling and most people are selling, but I am waiting for additional purchases.”

He continued, "All markets have ups and downs, and many people make profits through trading. However, frequent trading can cause capital gains tax problems, so I chose to 'just stay'. If you are afraid of the recent price drop, most He added, “Like an employee, you have to sell BTC and work hard in this life. On the other hand, if you have the mindset of a serial entrepreneur, you will act in the opposite way.”

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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